Slowdown Continues: November Core Sector Growth Contracts By 1.5%
According to the Index of Eight Core Industries (ECI), barring refinery products, fertilizers and cement, all other sectors contracted in November. … – NDTV Profit – Latest
Month: December 2019
India’s current account improves as trade deficit shrinks
India’s current account deficit narrowed in the September quarter of the fiscal year as the trade deficit shrank, central bank data showed on Tuesday, but the momentum may not be … Read More
India’s April-November fiscal deficit remains above full-year target
India’s fiscal deficit in the first eight months through November stood at 8.08 trillion rupees ($113.20 billion), or 114.8% of the budgeted target for the current fiscal year, government data … Read More
Chalet Hotels shares erase early gains; dip over 3%
On the NSE, the scrip went lower by 3.10 per cent to close at Rs 345. – Stocks-Markets-Economic Times
Investors richer by over Rs 11 lakh crore in 2019 market rally
On an annual basis, the Sensex rose 5,185.41 points or 14.37 per cent. – Stocks-Markets-Economic Times
Tencent gets into global groove with stake in Vivendi’s Universal
A Tencent-led consortium is taking a 10% stake in Vivendi’s Universal Music Group, valuing the music label that houses Lady Gaga and The Beatles at 30 billion euros ($34 billion) … Read More
Oil analysts bet on modest price gains in 2020 as supply shrinks: Reuters poll
Oil prices are likely to hover around $63 a barrel next year, a Reuters poll showed on Tuesday, benefiting from deeper production cuts by OPEC and its allies, and hopes … Read More
Saudi economy contracts 0.46% in Q3 as oil output slumps
Saudi Arabia’s economy contracted by 0.46% in the third quarter from a year earlier, hit by a drop in oil output as the de facto leader of the Organisation of … Read More
India’s November infrastructure output contracts for third straight month
India’s infrastructure output contracted for the third consecutive month to 1.5% in November from a year earlier, data released on Tuesday showed. – Reuters: Money News
CAD narrows to 0.9% of GDP in July-Sept on lower trade deficit: RBI
Trade deficit shrank to $84.3 billion in the first half of FY2019-20 from $95.8 billion last year, the RBI said. – The Hindu – Economy